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Digifinex Review

A trading cryptocurrency guide must provide reviews of all of the top crypto exchanges out there, so that you can find the best cryptocurrency exchange site for you. This review of Digifinex consists of four parts: general information, fees, deposit methods and security.

General Information

Digifinex is a cryptocurrency that has its headquarters in Singapore but its registered office in the Seychelles. This exchange is one of the six exchanges registered in the Seychelles.

The exchange site is owned by the company Digifinex Limited. It’s founders include individuals from well-known companies such as Xunlei, Tencent, Baidu and HP.

Digifinex does not explicitly state that US-investors are prohibited from trading. Accordingly, we do believe that US-investors can trade here. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.

Digifinex Trading View

Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the trading view at Digifinex:

DigiFinex Fees

DigiFinex Trading fees

This Singaporean cryptocurrency exchange doesn’t charge different fees between takers and makers. Their fee model is instead a “flat fee model”. Their flat fee model is 0.20%. This is slightly below the global industry average sitting at 0.25%.

DigiFinex Withdrawal fees

Many exchanges have competitive trading fees but then hit you on the way out with their withdrawal fees. Not Digifinex however.

This exchange charges you 0.0003 BTC when you withdraw BTC. This is far below the global industry average.

Deposit Methods

This trading platform does not accept any deposits of fiat currency. This means that new cryptocurrency investors (i.e., investors without any previous holdings of cryptocurrencies) can’t trade here. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency. Find one by using our Exchange Finder!

DigiFinex Security

The exchange’s security score is F, when performing the test at Observatory by Mozilla (https://observatory.mozilla.org/). This is below industry average when it comes to top crypto exchanges.

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Liquidity is something very important for all exchanges, cryptocurrency exchanges but also regular stock market exchanges. The above exchange does indeed have great liquidity. However, the following 10 cryptocurrency exchanges are also regularly among the cryptocurrency exchanges with the absolutely best liquidity in the world: